The UPDATE statement is a crucial part of any SQL developer's toolkit. It allows you to change existing data in a table. This is essential for keeping your database accurate and up-to-date. You can update individual columns or multiple columns in a single statement. The power of UPDATE lies in its ability to target specific rows using WHERE clauses, ensuring that only the desired data is modified. This targeted approach prevents unintended changes to other parts of your database. For instance, you might update customer addresses, product prices, or order statuses using UPDATE. The WHERE clause is critical for specifying which rows to update. Without it, you'd risk updating every row in the table, which is usually not the desired outcome.